Investment arguments
Investing in Eastnine’s shares confers a stake in a Swedish listed real estate company focusing on high-yielding, modern and sustainable office properties in the Baltics and Poland. Eastnine combines Swedish corporate governance with local property management and market knowledge. The Company’s overarching target is to create a sustainable, attractive total return on investment for its shareholders. Eastnine’s strategic approach and targets create added value for shareholders, tenants, employees and the environment.
Growing markets and property portfolio
Eastnine invests in modern office properties in Poland and the Baltics, with higher yields than available in Sweden and on markets that grow, and are calculated to continue growing, faster than the EU average. The long-term ambition is to grow the property portfolio in order to increase profitability.
Sustainable attractive total return
Eastnine’s overarching target is to create a sustainable, attractive total return on investment for its shareholders. Return on equity should be at least 10 per cent over time. Dividends are to correspond to at least 50 per cent of the profit from property management after deductions current tax, over time.
Leading the way in sustainability
Eastnine aims to be a leader in sustainability in our regions, where we run both our business in a resource-efficient manner and at the same time contribute to the real estate industry in our region developing in a sustainable direction. 100 per cent of Eastnine's properties have received sustainability certifications at high levels.
Stable customer base and long-term customer relations
The tenants consist primarily of large, stable Nordic companies with international operations in finance, ICT, E-com, law and auditing. The tenants are attracted by good access to well-educated workforce and high-quality premises together with a relatively low level of costs.
Good financing opportunities
Eastnine enjoys good access to financing for new acquisitions and future development projects. The liquidity is high, loan-to-value ratio low and the equity/assets ratio high.
